Category: CyberArk

It seems like CyberArk’s acquisition of Venafi’s cybersecurity business is making waves in the industry! The move indicates a strategic expansion of CyberArk’s security capabilities to tackle evolving threats in the cloud and the post-quantum era, as mentioned by CEO Matt Cohen. The financial details of the deal, with $1 billion in cash and $540 million in stock, reflect a significant investment by CyberArk.

Market analysts view this consolidation positively, projecting an increase in CyberArk’s total addressable value from $40 billion to $60 billion. Consolidation often provides companies with enhanced technical prowess and financial strength, fostering healthy market growth and benefiting emerging players with increased funding opportunities.

Moreover, the timing of the deal, breaking the trend of M&A slowdown during national elections, highlights the resilience of the business landscape. This suggests that economic activities continue despite political transitions, signaling stability and confidence in the market.

The comparison with recent acquisitions by other firms like Akamai and Wiz sheds light on the varying dynamics of acquisition costs and asset valuation in the cybersecurity sector. While Akamai’s acquisition of Noname Security and Wiz’s deal with Lacework saw a decrease in acquisition costs relative to the asset’s value, CyberArk’s acquisition of Venafi demonstrates a different trend with a higher acquisition cost. This variance could be attributed to factors such as the strategic importance of the acquisition, the competitive landscape, and the unique capabilities brought by the acquired company.

The post CyberArk to acquire Venafi Cybersecurity for $1.5 Billion appeared first on Cybersecurity Insiders.

As soon as the government of the United States announced a ban on Russian security software provided by Kaspersky, all the system administrators working across the world searched for the most trusted cybersecurity software companies in the world.

Here’s an article that throws some light on this issue and will help in providing the best one to offer uninterrupted business and peace of mind.

McAfee- Operating from California, the company offers security solutions that help safeguard clouds, endpoints, computers, and networks from malware, viruses, and other potential cyber threats.

CyberArk- The company works with a goal of protecting the enterprise networks to the core and is operating since 1999.

IBM Security- It’s a name we can trust. And is nowadays focusing more on rendering enterprise security solutions in compliance with the existing laws.

Sapphire- The company offers a dedicated Security Operations Centre and focuses on Endpoint Detection and Response (EDR), integrating threat analysis and threat intelligence.

Cisco- This Santa Clara-based company offers network security solutions, threat detection and response, domain security, energy management, and solutions offering the internet of things.

Avast- Avast CloudCare solution that protects data, devices, and users is a hit in the enterprise sector and its antivirus solutions are free.

Symantec- Protecting enterprise networks against malware and advanced threats is the core business aim of this Santa Clara-based company.

Avira– This German company offers specialized antivirus and security software to multi-national companies in the world and is also in the business of safeguarding the internet of things.

 

The post Top 8 trusted cybersecurity companies in the world appeared first on Cybersecurity Insiders.